DOCSLIB.ORG

Interim Report and Financial Statements

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Interim Report and Financial Statements Fidelity Investment Funds Interim Report and Financial Statements For the six months ended 31 August 2019 Fidelity Investment Funds Interim Report and Financial Statements for the six month period ended 31 August 2019 Contents Director’s Report* 1 Statement of Authorised Corporate Director’s Responsibilities 2 Director’s Statement 3 Authorised Corporate Director’s Report*, including the financial highlights and financial statements Market Performance Review 4 Summary of NAV and Units 6 Accounting Policies of Fidelity Investment Funds and its Sub-funds 9 Fidelity American Fund 10 Fidelity American Special Situations Fund 12 Fidelity Asia Fund 14 Fidelity Asia Pacific Opportunities Fund 16 Fidelity Asian Dividend Fund 18 Fidelity Cash Fund 20 Fidelity China Consumer Fund 22 Fidelity Emerging Asia Fund 24 Fidelity Emerging Europe, Middle East and Africa Fund 26 Fidelity Enhanced Income Fund 28 Fidelity European Fund 30 Fidelity European Opportunities Fund 32 Fidelity Extra Income Fund 34 Fidelity Global Dividend Fund 36 Fidelity Global Enhanced Income Fund 38 Fidelity Global Focus Fund 40 Fidelity Global High Yield Fund 42 Fidelity Global Property Fund 44 Fidelity Global Special Situations Fund 46 Fidelity Index Emerging Markets Fund 48 Fidelity Index Europe ex UK Fund 50 Fidelity Index Japan Fund 52 Fidelity Index Pacific ex Japan Fund 54 Fidelity Index UK Fund 56 Fidelity Index US Fund 58 Fidelity Index World Fund 60 Fidelity Japan Fund 62 Fidelity Japan Smaller Companies Fund 64 Fidelity MoneyBuilder Balanced Fund 66 Fidelity MoneyBuilder Dividend Fund 68 Fidelity MoneyBuilder Income Fund 70 Fidelity Short Dated Corporate Bond Fund 72 Fidelity Special Situations Fund 74 Fidelity Sterling Core Plus Reduced Duration Bond Fund 76 Fidelity Strategic Bond Fund 78 Fidelity UK Select Fund 80 Fidelity UK Smaller Companies Fund 82 Fidelity MoneyBuilder Growth Fund** 84 Portfolio Statements* 85 Total Purchases and Sales 287 EU Securities Financing Transaction Regulation Tables 288 Further Information* 291 * These collectively comprise the Authorised Corporate Director’s (ACD) report. ** Fund Manager Reviews are not prepared for funds which are closed. 1 Fidelity Investment Funds Interim Report and Financial Statements for the six month period ended 31 August 2019 In the future additional funds or new classes of shares within the existing funds Director’s Report may be launched by the Authorised Corporate Director (“ACD”). Each fund has the investment powers equivalent to those of an undertaking We are pleased to present the interim report and financial statements for for collective investment in transferable securities (a UCITS) scheme as per the Fidelity Investment Funds (the Company), covering the six month period ended Prospectus. 31 August 2019. Reference in this document to specific securities should not be construed as a recommendation to buy or sell these securities; but is included Shareholders are not liable for the debts of the Company. A shareholder is not for the purpose of illustration only. Investors should also note that the views liable to make any further payment to the Company after they have paid the expressed may no longer be current and may already have been acted upon purchase price of the shares. by Fidelity. The Company is governed by the requirements of the Open-Ended Investment Companies Regulations 2001 (SI 2001/1228) (“OEIC Regulations”) and the Company and Status FCA’s Handbook of rules and guidance, specifically the Collective Investment The Company is an open-ended investment company with variable capital Schemes Sourcebook (“COLL”). As permitted by the COLL, the Company no incorporated in England and Wales under number IC8 and authorised by the longer holds Annual General Meetings. Financial Conduct Authority (FCA) on 7 April 1998. The Company has segregated liability status between funds. This means that The Company is structured as an umbrella company comprising various the assets of a fund belong exclusively to that fund and shall not be used to funds, each of which is operated as a distinct fund, with their own portfolio of discharge directly or indirectly the liability of, or claims against, any other investments. person or body, including the Company, or any other fund. The funds in which shares are currently available are: Remuneration Disclosure Fidelity American Fund The Fidelity International Remuneration Committee has established a Global Fidelity American Special Situations Fund Remuneration Policy to ensure the requirements of the UCITS Directive are met Fidelity Asia Fund at a global level for all of its UCITS management companies. The Remuneration Fidelity Asia Pacific Opportunities Fund Committee reviews the remuneration policy at least annually. The Directors of relevant management companies are responsible for the adoption of Fidelity Asian Dividend Fund the Global Remuneration Policy, for reviewing its general principles at least Fidelity Cash Fund annually, for overseeing its implementation and for ensuring compliance with Fidelity China Consumer Fund the relevant local legislation and regulation. The Global Remuneration Policy is consistent with and promotes sound and effective risk management and Fidelity Emerging Asia Fund is designed not to encourage risk-taking which is inconsistent with the risk Fidelity Emerging Europe, Middle East and Africa Fund profile of the funds. The Global Remuneration Policy is in line with the business Fidelity Enhanced Income Fund strategy, objectives, values and interests of the ACD and the funds and includes Fidelity European Fund measures to avoid conflicts of interest. Fidelity European Opportunities Fund During 2017 the Global Remuneration Policy was reviewed and changes were made to ensure compliance with the applicable European remuneration Fidelity Extra Income Fund requirements. The Global Remuneration Policy applies to all employees, with Fidelity Global Dividend Fund particular focus on staff whose professional activities have a material impact Fidelity Global Enhanced Income Fund on the risk profile of the ACD or the funds (the Material Risk Takers). The UCITS Material Risk Takers (“UCITS MRTs”) are individuals whose roles can materially Fidelity Global Focus Fund affect the risk of the management company or any UCITS Directive and Fidelity Global High Yield Fund guidance issued by the European Securities and Markets Authority. Fidelity Global Property Fund The aggregate total remuneration paid out to UCITS MRTs related to Fidelity Global Special Situations Fund FISL, considering all the existing delegation arrangements, in respect of Fidelity Index Emerging Markets Fund the performance period started 1 June 2018 and ended 30 June 2019 is EUR 8.88 million (GBP 7.97 million). This figure includes the amounts attributed Fidelity Index Europe ex UK Fund either to the FISL entity or to the UCITS funds that it manages. For any additional Fidelity Index Japan Fund information on the remuneration policy a copy of the summary Remuneration Fidelity Index Pacific ex Japan Fund Policy is available via https://www.fil.com. Fidelity Index UK Fund Holdings In other sub-funds within the same Company Fidelity Index US Fund There were no such holdings as at 31 August 2019 (2018: none). Fidelity Index World Fund Objectives Fidelity Japan Fund The broad aim of the Company is to provide investors with revenue and/or Fidelity Japan Smaller Companies Fund capital growth over the medium to long term. Fidelity MoneyBuilder Balanced Fund The aim of the equity funds is to provide investors with either a combination Fidelity MoneyBuilder Dividend Fund of revenue and long term capital growth or long term capital growth from diversified, actively and passively managed portfolios of securities in a wide Fidelity MoneyBuilder Income Fund range of stock markets. The revenue from those funds with a long term capital Fidelity Short Dated Corporate Bond Fund growth structure is expected to be low. The equity funds will invest primarily Fidelity Special Situations Fund in equities in the markets reflected in the title of each individual fund and in Fidelity Sterling Core Plus Reduced Duration Bond Fund companies established outside those markets but which derive a significant proportion of their earnings from those markets. Fidelity Strategic Bond Fund The aim of the bond funds is to provide investors with relatively high revenue Fidelity UK Select Fund with the possibility of capital gains. Fidelity UK Smaller Companies Fund The investment objective and a review of the investment activities of each fund during the period under review are included within the Fund Manager Reviews. 2 Fidelity Investment Funds Interim Report and Financial Statements for the six month period ended 31 August 2019 Changes to the prospectus For the six months ended 31 August 2019 the following significant changes were made to the Prospectus and Instrument of Incorporation: • MoneyBuilder Growth closed on 21 June 2019 and its assets were merged into the Fidelity UK Opportunities Fund. Consequently, the financial statements have been prepared on a basis other than going concern. • The Fidelity MoneyBuilder Income Fund launched an I Income and I Accumulation share class on 26 June 2019. Statement of Authorised Corporate Director’s (ACD) Responsibilities in relation to the Interim Report and Financial Statements of the Company The Open-Ended Investment Companies Regulations 2001 (SI 2001/1228) and Collective Investment Schemes sourcebook (“COLL”) require the ACD to prepare financial statements
Load more

Recommended publications
  • Parker Review
    Ethnic Diversity Enriching Business Leadership An update report from The Parker Review Sir John Parker The Parker Review Committee 5 February 2020 Principal Sponsor Members of the Steering Committee Chair: Sir John Parker GBE, FREng Co-Chair: David Tyler Contents Members: Dr Doyin Atewologun Sanjay Bhandari Helen Mahy CBE Foreword by Sir John Parker 2 Sir Kenneth Olisa OBE Foreword by the Secretary of State 6 Trevor Phillips OBE Message from EY 8 Tom Shropshire Vision and Mission Statement 10 Yvonne Thompson CBE Professor Susan Vinnicombe CBE Current Profile of FTSE 350 Boards 14 Matthew Percival FRC/Cranfield Research on Ethnic Diversity Reporting 36 Arun Batra OBE Parker Review Recommendations 58 Bilal Raja Kirstie Wright Company Success Stories 62 Closing Word from Sir Jon Thompson 65 Observers Biographies 66 Sanu de Lima, Itiola Durojaiye, Katie Leinweber Appendix — The Directors’ Resource Toolkit 72 Department for Business, Energy & Industrial Strategy Thanks to our contributors during the year and to this report Oliver Cover Alex Diggins Neil Golborne Orla Pettigrew Sonam Patel Zaheer Ahmad MBE Rachel Sadka Simon Feeke Key advisors and contributors to this report: Simon Manterfield Dr Manjari Prashar Dr Fatima Tresh Latika Shah ® At the heart of our success lies the performance 2. Recognising the changes and growing talent of our many great companies, many of them listed pool of ethnically diverse candidates in our in the FTSE 100 and FTSE 250. There is no doubt home and overseas markets which will influence that one reason we have been able to punch recruitment patterns for years to come above our weight as a medium-sized country is the talent and inventiveness of our business leaders Whilst we have made great strides in bringing and our skilled people.
    [Show full text]
  • Quarterly Update Volume 26, Number 1 First Quarter, March 31, 2021 Quarterly Update
    GROUP SAVINGS AND RETIREMENT Quarterly Update Volume 26, Number 1 First Quarter, March 31, 2021 Quarterly Update Group Savings Contents and Retirement Economic and Financial Environment . 4 Global Fixed Income (PIMCO) . 70 Floating Rate Bank Loan (AlphaFixe) . 71 Market indicators . 14 Diversified Funds Investment options . 16 Diversified Security . 72 Our Investment Advisors . 17 Balanced Moderate Index (BlackRock) . 73 ATTITUDE portfolios . 23 Diversified . 74 Balanced (Beutel Goodman) . 75 Group Investment Funds . 27 Balanced (Jarislowsky) . 76 Target Date Funds Balanced Growth (MFS) . 77 LifePath Retirement Index I (BlackRock) . 28 Balanced (PH&N) . 78 LifePath 2025 Index (BlackRock) . 29 Diversified Opportunity . 79 LifePath 2030 Index (BlackRock) . 30 Fidelity Canadian Asset Allocation . 80 LifePath 2035 Index (BlackRock) . 31 Canadian Equity Funds LifePath 2040 Index (BlackRock) . 32 Canadian Equity Index (BlackRock) . 81 LifePath 2045 Index (BlackRock) . 33 Dividend . 82 LifePath 2050 Index (BlackRock) . 34 Canadian Dividend (Beutel Goodman) . 83 LifePath 2055 Index (BlackRock) . 35 Canadian Equity Value (PH&N) . 84 LifePath 2060 Index (BlackRock) . 36 Canadian Equity (QV) . 85 Fidelity ClearPath Income . 37 Fidelity Canadian Focused Equity . 86 Fidelity ClearPath 2020 . 38 Canadian Equity Growth . 87 Fidelity ClearPath 2025 . 39 Canadian Equity Q Growth (CC&L) . 88 Fidelity ClearPath 2030 . 40 Canadian Equity (Fiera Capital) . 89 Fidelity ClearPath 2035 . 41 Canadian Ethical Equity Fossil Fuel Free (Fiera Capital) . 90 Fidelity ClearPath 2040 . 42 Canadian Equity (Jarislowsky) . 91 Fidelity ClearPath 2045 . 43 Canadian Equity Fossil Fuel Free (Jarislowsky) . 92 Fidelity ClearPath 2050 . 44 Canadian Equity (MFS) . 93 Fidelity ClearPath 2055 . 45 Fidelity True North® . 94 Fidelity ClearPath 2060 . 46 Responsible Canadian Research Equity (MFS) . 95 Asset Allocation Funds Canadian Equity Small Cap .
    [Show full text]
  • Changing Times INVESTING for a NEW WORLD ORDER?
    SUMMER 2018 Changing times INVESTING FOR A NEW WORLD ORDER? alliancetrustsavings.co.uk Welcome to the latest edition of Taking Stock. Changing times If this edition had a theme tune it might be something like Bob Dylan’s 1960s classic The Times They Are A-Changin’. Or at least that’s how it feels to many of us. US protectionism, Trump-style diplomacy, North Korea, Iran, Syria, Russia, China, Brexit, Facebook, Cambridge Analytica. These have all been headline makers for 2018 so far, and some have undoubtedly been implicated in increased market volatility. Around the world the political and economic power of nation states has always ebbed and flowed. Alliances are made and undone. And the fortunes of individual corporations rise and fall. But the question for investors today is, are we just looking at a variation on a theme of business as usual for the world’s established economic power base? Or is something else going on? Are we on the cusp of some more fundamental change in the world economic order? Keeping ahead of the curve Views on this matter because searching for growth necessarily involves looking ahead and understanding where the longer-term opportunities and threats are likely to be. In this edition of Taking Stock our expert contributors explore the potential implications of the developing picture. From how it’s influencing investment decisions today, to steps any investor can take to make the most of their money in uncertain times. As always, I hope you will find it an informative read. If you have any feedback or suggestions for future editions, please get in touch.
    [Show full text]
  • Inondations 3 Mois ANG-V3.Ai
    Three-month Action Report 2017 SPRING FLOODS IN QUEBEC AN IMPRESSIVE HUMANITARIAN COMMITMENT In the spring of 2017, record rainfall caused extensive flooding in several Canadian provinces, when thousands of people had to flee their homes and neighbourhoods. In all instances, the Canadian Red Cross rose to help individuals and families in need. In its role as partner to the Quebec government in assisting disaster victims, the Red Cross helped the Quebec ministère de la Sécurité publique (MSP) and municipalities in managing the effects of the floods on people. The more heavily impacted regions were the Montreal metropolitan area, Outaouais, Montérégie, Mauricie, Lanaudière and Laurentides. At the height of the crisis, the official tally evidenced the extent of the disaster: 261 municipalities stricken in 15 administrative regions; 5 371 main residences flooded; and almost 400 highways damaged. PROVIDING ASSISTANCE IN A TWO-STEP PROCESS Following the Red Cross fundamental principles All Red Cross programs abide by fundamental principles to preserve the dignity of beneficiaries while offering just and appropriate assistance. « Thanks to the generosity of our donors and to the support of the ministère de la Sécurité publique, the Canadian Red Cross was able to provide disaster-impacted people with assistance at various levels: immediate emergency help; direct respite assistance; support toward recovery. We are extremely grateful! » Pascal Mathieu, Vice-President, Canadian Red Cross, Quebec region. Immediate emergency help “It’s been three months now since we were flooded. My house is a total loss. My wife and I are no longer With the financial support of ministère de la Sécurité young and we provide for our son; the three of us have publique, the Red Cross coordinated immediate been living in a hotel room since May.
    [Show full text]
  • Fund Facts Booklet Dated December 31, 2020
    RIDER TO THE ECOFLEX FUND FACTS BOOKLET DATED DECEMBER 31, 2020 Ecoflex Contract issued by Industrial Alliance Insurance and Financial Services Inc. 1080 Grande Allée West, PO Box 1907, Station Terminus Quebec City, Quebec G1K 7M3 1-844-442-4636 [email protected] On August 31, 2021, the Fund Facts booklet (hereinafter the “Booklet”), which forms part of the Information Folder related to the Ecoflex Contract is amended to reflect the following change: — The investment strategy of the following fund has been updated: - International Equity LIST OF AMENDEMENTS Effective August 31, 2021, this rider amends the Booklet in accordance with the following provisions: 1. The investment strategies have been updated as below: 1.1 International Equity: The Fund is composed of a selection of quality international equities with good growth potential and attractive value, in companies located outside North America. CERTIFICATION Industrial Alliance Insurance and Financial Services Inc. certifies that the Booklet, as amended by this rider, briefly and simply discloses all material facts relating to the variable nature of the Funds offered under the Individual Variable Annuity Contract – Ecoflex. Denis Ricard Jennifer Dibblee President and Chief Executive Officer Vice-President, Legal Services Corporate Secretary This rider, dated August 31, 2021, forms an integral part of the Fund Facts Booklet and the EcoflexInformation Folder. iA Financial Group is a business name and trademark of Industrial Alliance Insurance and Financial Services Inc. ia.ca ACC F14-3A-5(21-09) INVESTMENT FUNDS / As 31, December at 2020 Ecoflex Fund Facts TABLE OF CONTENTS FOCUS FUNDS CANADIAN EQUITY FUNDS Focus Prudent . 2 Strategic Equity Income .
    [Show full text]
  • Fidelity Special Values Plc 31 August 2021
    ret.en.xx.20210831.GB00BWXC7Y93.pdf FIDELITY INVESTMENT TRUSTS MONTHLY FACTSHEET FIDELITY SPECIAL VALUES PLC 31 AUGUST 2021 Investment Objective Portfolio Manager Commentary To achieve long term capital growth primarily through investment in UK equities recorded a seventh straight monthly gain in August. equities (and their related securities) of UK companies which the Sentiment remained buoyant, propelled by M&A activity, alongside Investment Manager believes to be undervalued or where the expectations for continued earnings strength. potential has not been recognised by the market It is encouraging to see the underlying stock picking coming through despite the recent underperformance of value stocks. This is partly down to the Trust benefiting from a number of M&A bids, Investment Trust Facts the latest being Meggitt, but is also a reflection of improving corporate fundamentals. Launch date: 17.11.94 Portfolio manager: Alex Wright, Jonathan Winton UK equities remain significantly undervalued compared to global 01.09.12, 03.02.20 markets, and reasonably valued in absolute terms on 13x 2022 Appointed to trust: estimates. While the UK market has looked cheap over the past Years at Fidelity: 20, 16 five years, the key differentiator in 2021 is that fundamentals on the Total Net Assets (TNA): £ 954m ground look very good. UK stocks are well positioned not only to Ordinary shares in Issue: 313,028,920 benefit from a recovery from the COVID pandemic, but also from Share price: 308.50p the lifting of the Brexit uncertainty. 304.79p NAV: We remain comfortable with how the portfolio looks from a Premium 1.22% valuations, returns on capital and risk perspective, and continue to Gross Market Gearing: 14.6% see meaningful upside potential for our holdings.
    [Show full text]
  • Fidelity European Values PLC Annual Report
    Fidelity European Values PLC Annual Report For the year ended 31 December 2012 Contents 1 Investment Objective and Highlights Financial Summary 2 Chairman’s Statement 3 Manager’s Review 5 Ten Largest Investments 7 Distribution of the Portfolio 8 Summary of Performance 10 Corporate Information 13 Board of Directors 14 Directors’ Report 15 Business Review 15 General 18 Statement of Directors’ Responsibilities 23 Corporate Governance Statement 24 Directors’ Remuneration Report 30 Financial Calendar 31 Independent Auditor’s Report 32 Financial Statements 33 Full Portfolio Listing 53 Notice of Meeting 55 Investing in Fidelity European Values PLC 58 Glossary of Terms 61 Warning to Shareholders – 63 Share Fraud Warning Investment Objective and Highlights The investment objective of the Company is to achieve long term capital growth from the stockmarkets of continental Europe The full text of the Company’s investment policy is on pages 15 and 16. Performance (year to 31 December 2012) Net Asset Value (“NAV”) per Share Total Return +24.7% Share Price Total Return +31.3% FTSE World Europe (ex UK) Index Total Return +17.8% As at 31 December 2012 Equity Shareholders’ Funds £616.3m Market Capitalisation £555.0m Final Dividend Proposed Per Ordinary Share 27.75p Capital Structure: Ordinary Shares of 25p each 43,127,073 Standardised Performance Total Return (%) 01/01/2012 01/01/2011 01/01/2010 01/01/2009 01/01/2008 to to to to to 31/12/2012 31/12/2011 31/12/2010 31/12/2009 31/12/2008 NAV per share +24.7 -11.5 +7.1 +11.3 -17.5 Share price +31.3 -8.6 -1.3
    [Show full text]
  • FTSE Russell Publications
    2 FTSE Russell Publications 19 August 2021 FTSE 250 Indicative Index Weight Data as at Closing on 30 June 2021 Index weight Index weight Index weight Constituent Country Constituent Country Constituent Country (%) (%) (%) 3i Infrastructure 0.43 UNITED Bytes Technology Group 0.23 UNITED Edinburgh Investment Trust 0.25 UNITED KINGDOM KINGDOM KINGDOM 4imprint Group 0.18 UNITED C&C Group 0.23 UNITED Edinburgh Worldwide Inv Tst 0.35 UNITED KINGDOM KINGDOM KINGDOM 888 Holdings 0.25 UNITED Cairn Energy 0.17 UNITED Electrocomponents 1.18 UNITED KINGDOM KINGDOM KINGDOM Aberforth Smaller Companies Tst 0.33 UNITED Caledonia Investments 0.25 UNITED Elementis 0.21 UNITED KINGDOM KINGDOM KINGDOM Aggreko 0.51 UNITED Capita 0.15 UNITED Energean 0.21 UNITED KINGDOM KINGDOM KINGDOM Airtel Africa 0.19 UNITED Capital & Counties Properties 0.29 UNITED Essentra 0.23 UNITED KINGDOM KINGDOM KINGDOM AJ Bell 0.31 UNITED Carnival 0.54 UNITED Euromoney Institutional Investor 0.26 UNITED KINGDOM KINGDOM KINGDOM Alliance Trust 0.77 UNITED Centamin 0.27 UNITED European Opportunities Trust 0.19 UNITED KINGDOM KINGDOM KINGDOM Allianz Technology Trust 0.31 UNITED Centrica 0.74 UNITED F&C Investment Trust 1.1 UNITED KINGDOM KINGDOM KINGDOM AO World 0.18 UNITED Chemring Group 0.2 UNITED FDM Group Holdings 0.21 UNITED KINGDOM KINGDOM KINGDOM Apax Global Alpha 0.17 UNITED Chrysalis Investments 0.33 UNITED Ferrexpo 0.3 UNITED KINGDOM KINGDOM KINGDOM Ascential 0.4 UNITED Cineworld Group 0.19 UNITED Fidelity China Special Situations 0.35 UNITED KINGDOM KINGDOM KINGDOM Ashmore
    [Show full text]
  • Interim Report and Financial Statements
    Fidelity Investment Funds Interim Report and Financial Statements For the six months ended 31 August 2020 Fidelity Investment Funds Interim Report and Financial Statements for the six month period ended 31 August 2020 Contents Director’s Report* 1 Statement of Authorised Corporate Director’s Responsibilities 2 Director’s Statement 3 Authorised Corporate Director’s Report*, including the financial highlights and financial statements Market Performance Review 4 Summary of NAV and Shares 6 Accounting Policies of Fidelity Investment Funds and its Sub-funds 9 Fidelity American Fund 10 Fidelity American Special Situations Fund 12 Fidelity Asia Fund 14 Fidelity Asia Pacific Opportunities Fund 16 Fidelity Asian Dividend Fund 18 Fidelity Cash Fund 20 Fidelity China Consumer Fund 22 Fidelity Emerging Asia Fund 24 Fidelity Emerging Europe, Middle East and Africa Fund 26 Fidelity Enhanced Income Fund 28 Fidelity European Fund 30 Fidelity European Opportunities Fund 32 Fidelity Extra Income Fund 34 Fidelity Global Dividend Fund 36 Fidelity Global Enhanced Income Fund 38 Fidelity Global Focus Fund 40 Fidelity Global High Yield Fund 42 Fidelity Global Property Fund 44 Fidelity Global Special Situations Fund 46 Fidelity Index Emerging Markets Fund 48 Fidelity Index Europe ex UK Fund 50 Fidelity Index Japan Fund 52 Fidelity Index Pacific ex Japan Fund 54 Fidelity Index Sterling Coporate Bond Fund 56 Fidelity Index UK Fund 58 Fidelity Index UK Gilt Fund 60 Fidelity Index US Fund 62 Fidelity Index World Fund 64 Fidelity Japan Fund 66 Fidelity Japan Smaller
    [Show full text]
  • Interim Short
    REPORT For the six months ended 30 September 2015 INTERIM SHORT Henderson UK Strategic Income Unit Trust Henderson UK Strategic Income Unit Trust Short Report For the six months ended 30 September 2015 Investment Fund Manager The fund’s risk level reflects the following: Henderson Multi-Asset Team • The fund invests in a mix of different asset classes. Investment objective and policy • Fluctuations in exchange rates may cause the To achieve a high level of income. value of your investment to rise or fall. The fund will invest principally in the UK in a The following risks apply to investments in the fund. managed portfolio of investment trust shares and These could be triggered or made worse by unusual other closed-ended vehicles. The fund may also market conditions or unpredictable market events. invest in exchange traded funds, unregulated collective investment schemes (which include Counterparty risk The fund could lose money if limited partnerships), money market instruments and a counterparty with which it transacts becomes deposits. unwilling or unable to meet its obligations to the fund. Risk and reward profile Focus risk The fund’s value may fall where it has The fund currently has 1 type of unit class in issue: concentrated exposure to an issuer or type of Income units. security that is heavily affected by an adverse event. The risk and reward profile which is as follows: Liquidity risk Certain securities could become hard to value or sell at a desired time and price. Typically Lower potential Typically Higher potential risk/reward risk/reward Management risk Investment management techniques that have worked well in normal market conditions could prove ineffective or detrimental at other times.
    [Show full text]
  • Genesis Info, Series IV
    Genesi s INF O SERIES IV Review Accounts Index March 31, 2021 31, March 5/Number50FirstQuarter Volume Genesis Info Contents Market Indices Active Management Money Market Account . 3 Global Diversified (iA) Account . 19 Bonds Account . 4 Global Diversified (Loomis Sayles) Account . 20 Canadian Stocks Account . 5 Strategic Equity Income (iA) Account . 21 Global Stocks Account . 6 Dividend Growth (iA) Account . 22 International Stocks Account . 7 Canadian Stocks (Fidelity) Account . 23 European Stocks Account . 8 Canadian Stocks Small Cap (Fidelity) Account . 24 U .S . Stocks Account . 9 Global Dividend (Dynamic) Account . 25 U .S . Stocks / DAQ Account . 10 Global Stocks (iA) Account . 26 Global Allocation Account . 11 NorthStar® (Fidelity) Account . 27 International Stocks (iA) Account . 28 Diversified Strategy European Stocks (Fidelity) Account . 29 Prudent Account . 12 U .S .Dividend Growth (iA) Account . 30 Moderate Account . 13 Global Health Care (Renaissance) Account . 31 Balanced Account . 14 Growth Account . 15 Table of net returns as at March 31, 2021............. 32 Aggressive Account . 16 Legal Notices ................................... 33 Active Management Canadian Bonds (iA) Account . 17 Diversified (iA) Account . 18 Genesis Info First quarter, ending March 31, 2021 - 2 - Industrial Alliance Market Indices Risk level Money Market Account Series IV As at March 31, 2021 Investment Advisor Objectives of the Account Commentary • Oriented on short term revenues The Money Market Account reflects the performance • Priority placed on capital protection of the Bank of Canada’s Target for the overnight rate . • Conforms to a short term investment horizon Treasury bills are among the safest investments in the country, since they are quality securities guaranteed by Management team composed of several managers the Canadian government .
    [Show full text]
  • Acs Sub Fund Investments September 2019
    ACS Investments 30TH SEPTEMBER 2019 LGPS Central UK Equity Passive Fund Portfolio Statement as at 30 September 2019 (Unaudited) HOLDING/ MARKET VALUE % OF NET NOMINAL VALUE INVESTMENT £'000 ASSETS UK Collective Investment Scheme 3.43% (3.62%) Non-equity Investment Instruments 3.43% (3.62%) 176,000 iShares MSCI UK Small Cap UCITS ETF GBP Acc 37,814 3.43 UK Equities 94.63% (94.97%) Aerospace & Defense 1.90% (1.80%) 1,504,000 BAE Systems 8,570 0.78 1,122,000 Cobham 1,760 0.16 364,000 Meggitt 2,311 0.21 254,000 QinetiQ 734 0.07 799,000 Rolls-Royce 6,331 0.57 220,000 Senior 413 0.04 38,000 Ultra Electronics 768 0.07 20,887 1.90 Automobiles & Parts 0.04% (0.04%) 30,000 Aston Martin Lagonda Global 158 0.01 122,000 TI Fluid Systems 235 0.03 393 0.04 Banks 9.54% (10.09%) 20,000 Bank of Georgia 267 0.02 8,114,000 Barclays 12,203 1.11 71,000 Close Brothers 1,000 0.09 562,000 CYBG 645 0.06 9,580,000 HSBC 59,837 5.43 33,408,000 Lloyds Banking 18,080 1.64 2,146,000 Royal Bank of Scotland 4,455 0.40 1,244,000 Standard Chartered 8,509 0.77 18,000 TBC Bank 222 0.02 105,218 9.54 Beverages 3.70% (3.64%) 45,000 A.G. Barr 261 0.02 121,000 Britvic 1,189 0.11 92,000 Coca-Cola HBC 2,441 0.22 1,105,000 Diageo 36,829 3.35 40,720 3.70 Chemicals 0.68% (0.75%) 58,000 Croda International 2,817 0.26 300,000 Elementis 444 0.04 89,000 Johnson Matthey 2,720 0.25 2,610,000 Sirius Minerals 103 0.01 178,750 Synthomer 578 0.05 37,000 Victrex 798 0.07 7,460 0.68 11 LGPS Central UK Equity Passive Fund Portfolio Statement (continued) as at 30 September 2019 (Unaudited) HOLDING/
    [Show full text]